Voluntary car insurance increased by 18% in 2021

01.12.2021,16:44


December 1, Fineko/abc.az. For the first 10 months of 2021 insurance companies have gathered premiums for AZN 32.436 million on motor vehicle insurance (AZN 482,000 or 1.5% more against Jan-Oct 2020 – AZN 31.95 million), ABC.AZ reports with reference to the Central Bank.

Compared with Jan-Oct 2020, compensation payments on voluntary car insurance for Jan-Oct 2021 increased by AZN 1.956 million (or 18.5%) up to AZN 12.508 million. CASCO payments reached AZN 10.55 million for the reported term.